AVAILABILITY DETAILS
- Size
- 940,024 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA557950
- Notes
- St. Augustine is experiencing a notable upswing in economic and commercial activities. As a city famed for its rich history and vibrant tourism industry, recent trends indicate a diversification in economic drivers, including technology startups, retail sectors, and hospitality services. The demand for commercial spaces in burgeoning sectors has increased as local businesses and multinational companies seek strategic footholds within the region, taking advantage of its economic vibrancy and growth potential. The St. Johns County area, encompassing St. Augustine, is one of the fastest-growing counties in Florida. The expanding residential developments highlight a community-centric growth model, attracting families and professionals seeking enhanced quality of life. This transformation is underpinned by top-rated educational institutions, recreational amenities, and a blend of suburban and coastal lifestyles. As residential communities expand, they contribute to an increased patronage of local businesses, creating synergistic development opportunities for commercial investors. These impacts promise robust demand for retail, office, and service-oriented commercial facilities, aligning with consumer convenience and accessibility needs.
- Uses
- Land
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Joe Hatin, Florida Network Realty